Maureen Harmonay's Market Report

Princeton, MA 01541

Single-Family Homes

Coldwell Banker Realty * 978-502-5800 * Maureen.Harmonay@NEMoves.com



Princeton, MA 01541

Fri May 09 2025
This week the median list price for Princeton, MA 01541 is $600,000 with the market action index hovering around 57. This is an increase over last month's market action index of 49. Inventory has decreased to 5. Click here to stay informed with the Princeton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Princeton, MA 01541

Fri May 09 2025
This week the median list price for Princeton, MA 01541 is $600,000 with the market action index hovering around 57. This is an increase over last month's market action index of 49. Inventory has decreased to 5. Click here to stay informed with the Princeton market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Princeton market.
Median List Price $600,000
Median Price of New Listings $497,500
Per Square Foot $320
Average Days on Market 123
Median Days on Market 42
Price Decreased 20%
Price Increased 0%
Relisted 20%
Inventory 5
Median Rent
Market Action 57
Strong Seller's Market

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,349,000 4,036 1 - 2.5 acres 4 4 0 0 0 42
$990,000 3,195 1 - 2.5 acres 4 2.5 1 0 0 147
$600,000 1,873 1 - 2.5 acres 4 2 125 1 0 378
$345,000 1,276 0.25 - 0.5 acre 2 1 107 1 0 24